Twitter execs slam Elon Musk in secret video footage questioning his mental state May 18, 2022 New footage has emerged overnight of a Twitter executive calling Elon Musk mentally handicapped.
Petrol prices spiral to record highs putting more pressure on motorists May 18, 2022 Diesel and petrol prices climbed to record highs yesterday, putting more pressure on squeezed motorists as the cost-of-living crisis deepens.
Tory MP arrested on suspicion of rape and told to stay away from Westminster is bailed May 18, 2022 A Conservative MP arrested on suspicion of rape and asked to stay away from the parliamentary estate – has been bailed. The Metropolitan Police said the alleged sexual offences were committed between 2002 and 2009. The force said he had been bailed to a date in mid-June. A statement from Scotland Yard on Wednesday : [...]
Bank of England to launch brisk rate hike cycle to tame 40-year high inflation May 18, 2022 The Bank of England will have to launch a cycle of steeper and quicker rate hikes to tame the steepest rise in living costs in four decades, according to City economists. The case for front-loading rate rises is strengthening after new figures published this morning by the Office for National Statistics (ONS) revealed inflation climbed [...]
Second London man charged over fatal stabbing of ‘loving father’ near St Paul’s Cathedral May 18, 2022 Police have charged a second London man over the fatal stabbing of a 32-year-old father near St Paul’s Cathedral. Jordell Menzies, 25, of Tennyson Road, Brent, was charged with murder Emmanuel Odunlami from Romford. The victim was found in Gresham Street, suffering from a fatal stab wound at 11:30pm on May 1, 2022. Menzies has [...]
Bitcoin price flat again, but volumes are rising May 18, 2022 Bitcoin is changing hands for around $30k this morning, down three per cent over 24 hours and four per cent over the past seven days.
UK house prices climb higher to £278,436 as market heat awaits ‘cooling’ May 18, 2022 The average price of a home has continued to climb higher, though its non-stop steamroll is still showing signs of slowing, according to the latest figures. House prices have increased 9.8 per cent to £278,436 in the year to March, down slightly from the 11.3 per cent in annual growth recorded in February of this [...]
Morrisons rescue deal for McColl’s totalled £182m May 18, 2022 Grocer Morrisons coughed up some £182m to snap up beleaguered convenience store operator McColl’s, defeating a rival bid from Asda owners the Issa brothers. The newsagent chain’s equity value was worth around £3m earlier this month while senior creditors were owed some £160m, documents from administrators PwC revealed. While the Issa’s EG Group had offered [...]
Impact of post-Brexit trade deal with New Zealand examined by parliamentary committee May 18, 2022 Post-Brexit trade with New Zealand is being brought into focus this morning, with Westminster’s top trade committee examining the impact of the free trade deal signed in February. The arrangement between the UK and the Pacific nation, which is more than 18,000 miles away, is being looked at by two panels, focusing on services and [...]
Modulr poised for pan-European push after £83m funding injection May 18, 2022 London fintech firm Modulr is poised for pan-European expansion after closing a £83m funding round today, led by global growth equity firm General Atlantic.